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Saudi Oct M3 Money Supply Growth Slows To 11.4% YY - SAMA



DUBAI (Zawya Dow Jones)--Saudi Arabia's money supply grew by 11.4% on the year in October, compared with growth of 12.5% the previous month, official data from the Saudi Arabian Monetary Agency, or SAMA, showed Thursday.

M3 money supply, the broadest measure, stood at little over 1 trillion Saudi riyals ($267.7 billion) in October, according to a report posted on SAMA's Web site.

-By Summer Said, Dow Jones Newswires, +9714 364-4960; summer.said@dowjones.com

Copyright (c) 2008 Dow Jones & Company, Inc.


  (END) Dow Jones Newswires
  11-26-090903ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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